KB Home (NYSE: KBH), one of the nation’s largest and most recognized homebuilders, today announced it has completed its 3,000th new solar home, which is located in its Harmony at the Lodge community in Eastvale, Calif. With this important milestone that reflects the company’s forward-thinking approach to sustainability, KB Home estimates that owners of its solar-powered homes could benefit from nearly $12 million in total energy savings over the next five years.

While the bulk of the builder’s solar-powered homes are located in California, its solar offerings extend across the country to additional KB Home communities in Arizona, Colorado, Nevada and Texas. KB Home has built more than 3,000 new homes powered by SunPower’s (NASDAQ: SPWR) solar power systems in just three years. These high-efficiency solar panels are mounted to the roof during construction and are designed to meet most of each home’s electricity demand with clean, renewable solar power.

In addition to the significant potential energy and cost savings, according to estimates based on U.S. Environmental Protection Agency calculations, the solar power systems installed at KB Home communities offset the production of more than 8,000 tons of carbon dioxide per year, which is equivalent to removing 1,728 passenger vehicles from the road annually.

“KB Home has a distinguished history of continually raising the bar when it comes to sustainable homebuilding,” said Steve Ruffner, president and regional general manager for KB Home Southern California. “Completing our 3,000th solar-powered home demonstrates our industry-leading commitment to providing lasting value to our homeowners in terms of energy and cost savings.”

“SunPower is pleased to partner with KB Home, which is a leader in making solar a standard feature in new home communities,” said Howard Wenger, SunPower’s president of business units. “Homebuyers today value high quality, energy efficient new solar homes that increase comfort and control their energy bills. SunPower delivers turnkey energy solutions that include the world’s most efficient and reliable solar technology and energy services, working with leading homebuilders like KB Home.”

KB Home estimates that at current residential electric rates, a 1.4 kilowatt high-efficiency photovoltaic system installed as standard with a 1,748 square-foot, ENERGY STAR® certified home at Harmony at the Lodge in Eastvale would yield average energy cost savings of $171 per month, or approximately $20,520 over ten years, compared to a typical resale home without these features.

The Lodge in Eastvale is a lovely community with exceptional amenities that include three beautiful parks with a play yard for children, basketball and tennis courts, picnic areas, open green space, and a dog park. There is also a central recreation area that includes a 3,123 square foot clubhouse with a Junior Olympic pool, spa, children’s pool, BBQ and lounge area with a fire pit.

Harmony at the Lodge in Eastvale is served by the acclaimed Corona-Norco Unified School District, and offers convenient access to shopping, restaurants, outdoor recreation and parks, I-15, Highway 91, Highway 71 and Highway 60, as well as the Ontario International Airport. For more information about KB Home communities in California or elsewhere, visit www.kbhome.com, or call 888-KB-HOMES.

About KB Home

KB Home is one of the largest and most recognized homebuilding companies in the United States. Since its founding in 1957, the company has built more than half a million quality homes. KB Home’s unique homebuilding approach lets each buyer customize their new home from lot location to floor plan and design features. As a leader in utilizing state-of-the-art sustainable building practices, all KB homes are highly energy efficient and meet strict ENERGY STAR® guidelines. This helps to lower monthly utility costs for homeowners, which the company demonstrates with its proprietary KB Home Energy Performance Guide® (EPG®). KB Home has been named an ENERGY STAR Partner of the Year Sustained Excellence Award winner for four straight years and a WaterSense® Partner of the Year for four consecutive years. A FORTUNE 1,000 company, Los Angeles-based KB Home was the first homebuilder listed on the New York Stock Exchange, and trades under the ticker symbol “KBH.” For more information about KB Home’s new home communities, call 888-KB-HOMES or visit www.kbhome.com.